| FANG latest price $80.5300 (1.7%) ($80.5300 - $81.0300) on Tue. Sep. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.19% (three month average) |
RSI | 56 |
Latest Price | $80.5300(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | FANG advances 1.2% a day on average for past five trading days. |
Weekly Trend | FANG advances 3.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support FANG advance at 0% a week (0% probability) OIH(81%) XOP(71%) XLE(70%) USO(51%) IWD(50%) |
Factors Impacting FANG price | FANG will decline at least -1.595% in a week (0% probabilities). VIXM(-26%) UUP(-20%) SHY(-13%) BNDX(-12%) TLT(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.595% (StdDev 3.19%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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